National Beverage Corp. $FIZZ Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,784,866 shares of the company’s stock after purchasing an additional 41,139 shares during the quarter. Vanguard Group Inc.’s holdings in National Beverage were worth $88,809,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Hantz Financial Services Inc. grew its position in shares of National Beverage by 366.8% in the third quarter. Hantz Financial Services Inc. now owns 859 shares of the company’s stock valued at $32,000 after purchasing an additional 675 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of National Beverage in the third quarter valued at approximately $33,000. Osaic Holdings Inc. grew its position in shares of National Beverage by 72.5% in the second quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock valued at $44,000 after purchasing an additional 428 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of National Beverage in the third quarter valued at approximately $39,000. Finally, Brown Brothers Harriman & Co. grew its position in shares of National Beverage by 213.5% in the third quarter. Brown Brothers Harriman & Co. now owns 1,066 shares of the company’s stock valued at $39,000 after purchasing an additional 726 shares during the last quarter. 23.95% of the stock is currently owned by institutional investors and hedge funds.

National Beverage Stock Performance

Shares of FIZZ opened at $34.81 on Thursday. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 17.32 and a beta of 0.74. The company’s 50 day simple moving average is $34.45 and its 200 day simple moving average is $34.17. National Beverage Corp. has a 1 year low of $31.21 and a 1 year high of $47.89.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. The business had revenue of $264.59 million for the quarter, compared to the consensus estimate of $271.06 million. National Beverage had a net margin of 15.71% and a return on equity of 36.00%.

Analysts Set New Price Targets

Several analysts have recently commented on FIZZ shares. UBS Group increased their price target on shares of National Beverage from $34.00 to $35.00 and gave the company a “sell” rating in a research report on Monday, March 16th. Weiss Ratings reissued a “sell (d+)” rating on shares of National Beverage in a research note on Friday, March 27th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell” and an average price target of $35.00.

National Beverage Profile

National Beverage Corp. (NASDAQ: FIZZ) is a U.S.-based beverage company specializing in the development, marketing and production of nonalcoholic refreshment products. The company’s portfolio includes a range of sparkling waters, soft drinks and energy beverages designed for a variety of consumer tastes and dietary preferences. Through in-house bottling operations and strategic partnerships with co-packers, National Beverage manages production from flavor formulation to final packaging and distribution.

Founded in 1985, National Beverage has broadened its product lineup over the decades through both organic brand introductions and selective acquisitions.